Full-Time

Underwriting Specialist

Healthcare Risk Solutions

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Compensation Overview

$105k - $140kAnnually

+ Bonus

Senior

No H1B Sponsorship

Plano, TX, USA + 2 more

More locations: Chicago, IL, USA | Denver, CO, USA

Hybrid working schedule: 3 days in the office and 2 days remote.

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • 6+ years of complex retail healthcare professional liability underwriting experience
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Demonstrated marketing and relationship building skills.
  • Four year college degree and/or CPCU or similar designation preferred.
  • Excellent oral and written communication skills.
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical and organizational skills.
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Expert understanding and proven ability to underwrite hospital and complex allied/miscellaneous medical facility business
  • Thorough grasp of policy language including primary, lead umbrella, excess follow form, and captive reinsurance
  • Ability to analyze complex loss data and work with experience rating and loss rating; familiar with actuarial concepts and ability to work collaboratively with internal actuaries.
  • Strong ability to present at underwriting meetings with senior executives from existing and prospective insureds
  • Provide policy review and rating guidance.
  • Actively participate in Claims meetings and reviews
  • Quote and bind new and renewal accounts according to our underwriting guidelines and strategy
  • Actively participate in large risk strategy
  • Maintain and adhere to all underwriting file documentation standards
  • Cultivate and improve retail broker relationships across the West Region (the West Region for retail contemplates the western half of the United States)
  • Present innovative marketing strategies with the casualty brokerage community
  • Collaboration with Regional Leadership.

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles such as yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and continuous improvement, encouraging employees to innovate and find better solutions. The company's goal is to lead in their industry by understanding customer needs and delivering quality products and services while fostering a supportive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion in Asia Pacific, especially Singapore and Hong Kong, boosts growth potential.
  • Growing demand for niche insurance products like event cancellation and environmental pollution coverage.
  • Digital transformation enhances efficiency and customer satisfaction through AI and machine learning.

What critics are saying

  • Increased competition from tech-savvy new entrants may erode Markel's market share.
  • Climate change-related claims threaten underwriting profitability in agriculture and pollution sectors.
  • Regulatory scrutiny in Asia Pacific could raise compliance costs and operational challenges.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The company offers unique coverage for hard-to-place risks, including environmental pollution.
  • Markel's flexible and spontaneous approach fosters innovation and customer satisfaction.

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